answersLogoWhite

0

Consulting Contract

User Avatar

Wiki User

13y ago

Best Answer

Get Started

A Consulting Contract or Consulting Agreement is a document under which a consultant (someone who gives expert or professional advice) agrees to provide professional or consulting services. Under this agreement, the "consultant" is an independent contractor with respect to the "company," and not an employee of the "company." This document allows the user to substitute any term for the term "consultant," and thus, this document can be adapted to many other situations that might involve an independent contractor.

The Consulting Contract should be signed by both parties and becomes effective as of the date inserted at the beginning of the Contract. For specific information regarding the employee/independent contractor distinction, review the "Employee or Independent Contractor" topic.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Consulting Contract
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What has the author E A G Liddiard written?

E. A. G. Liddiard has written: 'Register of consulting scientists and contract research organizations 1972' 'Register of consulting scientists and contract research organizations' -- subject(s): Consulting engineers, Directories, Research institutes, Scientists


What types of services does Comit Systems provide?

Comit Systems is a contract electronic engineering company. Services provided include: contract engineering and methodology consulting; SoC, board, and physical design; and SoC verification.


Understanding the Elements and Importance of a Consulting Contract?

A consultant is an individual who provides businesses and professionals with useful services or advice. Consultants can be either internal or external agents. An internal consultant is an employee of a particular company who consults with other employees or departments. External consultants are independent agents who provide temporary services to independent professionals and businesses.A consulting contract is a legally binding contract between a consultant and a client. These contracts outline a consultant's services, required payment, and other important information. Consulting contracts are used to make sure the consultant receives adequate payment and the client receives the agreed upon services.What Must Be Included in a Consulting ContractTo create a thorough consulting contract, it is important to include several different elements. One of the first things a contract should contain is a description of the provided services, when the services will be provided, and how these services will be performed. The agreement should clearly state what requirements will be met before the service is considered complete. If applicable, the contract should also explain who will be responsible for future issues and how these problems will be handled.The next element that should be discussed is payment. A consulting contract must explain the consultant's fees and when he or she expects to be paid. If a consultant's fees depend on the outcome of his or her services, the terms regarding earnings should be detailed and straightforward. Consulting contracts should also outline who covers certain expenses, like travel expenses; how the consultant will receive payment; and any restrictions regarding payment. Failure to explain these terms in detail can lead to future disagreement.Consulting contracts must also discuss how and on what grounds the agreement can be terminated. If both parties agree to the contract, it must be signed by both the contractor and the client. Once the contract is signed, the agreement must be upheld.When a Consulting Contract Is NecessaryExternal consultants should always provide clients with detailed contracts. If a written contract is not set in place, it will be difficult for a consultant to recover payment should a client refuse to pay. Internal consultants might also choose to provide fellow employees with consulting contracts. While the contract will not usually need to explain payment, it can explain the consultant's services and responsibilities, as well as those of the other employee or department. This will clarify what both parties can expect to gain from a particular service and avoid future confusion.


What has the author D J B Copp written?

D. J. B. Copp has written: 'Register of consulting scientists, contract research organisations, and other scientific and technical services' -- subject(s): Consulting engineers, Directories, Research institutes, Scientists


What type of contract is a business consultant agreement?

A Business Consultant Agreement is a contract between a company that desires business consulting and an independent business consultant. A basic agreement would outline the type of services performed, time devoted and payment.


What has the author Nael G Bunni written?

Nael G. Bunni has written: 'The FIDIC form of contract' -- subject(s): Building, Contracts (International law), Contracts and specifications, Engineering, Engineering contracts, International Federation of Consulting Engineers, Letting of contracts, Standardized terms of contract 'The FIDIC forms of contract' -- subject(s): Engineering contracts, Standardized terms of contract


Collect non-payment of consulting services?

Anyone in the consulting business needs to have the forms at hand to take a customer to small claims court. Any more money at risk than that needs a contract beforehand--and a quick lawsuit if not paid. Be nice and be broke. You don't want to work for people who don't pay you anyway.


What is human capital consulting meant to accomplish?

Human Capital Consultants is a cutting-edge company that specializes in Contract and Full Time Corporate Recruiting. The company was founded in 2005 by Mike Astringer.


What is us tax terms c2c 1099 w2?

C2C is basically the sub-contractor format of hire where a comp routes the hire thru' a consulting company and a retainer or a certain amount of money, often called the "contracted amt" , is given by the company to the consulting company. The consulting company would be paying its employee who works for the company, an amount after deducting taxes,its rate of profit for the contract and any other legal charges. Essentially, the employee is an employee of the consulting comp and he or she will get a W2 from the consulting company. A 1099 is also a an IT form like the W2 that is used by direct contractors - ie not by those who are going thru' consulting companies. The 1099 is given to the direct contractor by the company that uses his or her services. A W2 hire by a company is a direct permanent hire and W2 refers to the IT form that is filled out by the company and handed over to the employee when its time to file the taxes for the year.


Can a board member of a publicly traded company accept payments from the company in the form of a consulting contract or is there rule against this practice?

Board members can do business with the company. Any relationships must be disclosed and must be reviewed by independent persons for fairness.


Are there business analyst positions available in major cities?

Yes, business analyst positions are available in most major cities because almost all large companies either keep business analysts on staff or contract them through a consulting firm.


Which companies offer economical search engine optimization?

SEO New York, Pen Tech Consulting, A&S International, No Contract SEO Company, and Web Linx SEO are all companies that offer economical options for optimizing search results.